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Financial
Distress signals
Property profile

351 State St Painesville, OH 44077

OFF-MARKET
Retail space
Property ID
US66-6250877
3,287 SF 0.09 ac lot Built 1920
Last sale Mar 2010 · $90,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$26k
Assessed land$3k
Assessed improvement$23k
Effective rate9.92%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$39/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$20 – $60
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
B-3 Central Business DD Downtown Development M-1 Light Industrial M-2 Industrial Zoning Overlays: Design Districts, Historic Districts, P...
General categoryMIXED_USE
JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.9
HVAC Service11.4
Electrical Service10.6

Location

351 State St Painesville, OH 44077-4010
County assessor Recorded deeds · 5 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Richmond, Painesville, OH 44077 $250,000 May 2025 3,220 SF
701 Ee, Fairport Harbor, OH 44077-5665 $100,000 Feb 2025 3,435 SF
202 High, Fairport Harbor, OH 44077-5849 $9,000 Dec 2023 2,691 SF
1505 Madison, Painesville, OH 44077-5115 $70,000 Mar 2023 3,712 SF
444 State, Painesville, OH 44077-4124 $250,000 Oct 2022 3,600 SF
1450 Jackson, Painesville, OH 44077-1308 $147,000 Oct 2021 4,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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